CWL
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0.00% 3.7¢ consolidated financial holdings limited

Ann: Consolidation/Split - CWL, page-8

  1. Beno77
    5,342 Posts.
    lightbulb Created with Sketch. 654
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    21/02/23
    05:39
    Post #: 66360410
    yes it will in this case

    Example:

    100k shares currently closed at 3.7c = $3700

    Now 100k divided by 16 consolidation (x .20 IPO price ) =$1250

    We effectively have shares worth 1.25c meaning every existing holder has been shafted !.




    I

    CWL Price at posting: 3.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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